Schaeffler
Schaeffler AG, a leading global supplier in the automotive and industrial sectors, is headquartered in Herzogenaurach, Germany. Founded in 1946, the company has established itself as a key player in the development of innovative solutions, particularly in rolling bearings, linear motion, and automotive components. With a strong presence in Europe, Asia, and the Americas, Schaeffler serves a diverse range of industries, including automotive, aerospace, and manufacturing. Renowned for its commitment to quality and precision, Schaeffler offers a unique portfolio of products and services that enhance efficiency and performance. The company has achieved significant milestones, including advancements in electric mobility and digitalisation, solidifying its market position as a trusted partner for customers worldwide. Schaeffler's dedication to sustainability and innovation continues to drive its success in the competitive landscape.
DitchCarbon Score
How does Schaeffler's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Schaeffler's score of 40 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Schaeffler's reported carbon emissions
In 2024, Schaeffler AG reported total carbon emissions of approximately 14,089,398,000 kg CO2e, with Scope 1 emissions at about 194,982,000 kg CO2e, Scope 2 emissions at approximately 897,551,000 kg CO2e, and Scope 3 emissions reaching about 13,890,930,000 kg CO2e. The company has set ambitious targets to significantly reduce its carbon footprint, aiming for a 90% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. Additionally, Schaeffler is committed to reducing Scope 3 emissions from purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution by 25% within the same timeframe. Schaeffler's climate strategy includes achieving climate-neutral internal production (Scope 1 and 2) by 2030, with a target to eliminate 75% of production emissions by 2025. The company also plans to source 100% of its purchased power from renewable sources by 2024. These commitments align with the Science Based Targets initiative (SBTi) and reflect Schaeffler's dedication to addressing climate change and reducing its environmental impact. The emissions data and reduction targets are cascaded from Schaeffler AG, the parent company, ensuring a consistent approach to sustainability across its operations.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 163,828,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 937,839,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Schaeffler is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
